Financing Archive

91 Percent of Closed Sales in August 2017 Had Contract Settlement Contingencies

Contract contingencies give the buyer and seller the right to back out of the contract if these conditions (contingencies) are not met. According to a monthly survey of REALTORS®, 91 percent of closed sales in August 2017 had contract...

Foreign Buyers Typically Spent 30 Percent More Than Domestic Buyers

Foreign buyers, typically purchased properties that are more expensive than properties purchased by domestic buyers, according to NAR’s recently released 2017 Profile of International Activity in U.S. Residential Real Estate.[1] Among foreign buyers who purchased property in April 2016–March...

Cash Comprises 30 Percent of Sales in REALTOR® Commercial Markets

Commercial real estate finds itself at the intersection of major global changes. Activity has remained moderate in the world’s economies, with further monetary easing continuing on several continents, according to the Expectations & Market Realities in Real Estate 2017:...

Investor Soundness

In the wake of the housing crisis, vacation and investment buyers played an important role in sopping up excess inventory. As their participation wanes, the impact will vary around the country. Furthermore, deception and poor lending practices to some...

29 Percent of Sales Contracts in November 2016—January 2017 Had a Delayed Settlement

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “In the past three months, think of your most recent sales contract that was either settled/closed or terminated. Please explain how the deal concluded (settled, delayed,...